The Zandu brand, which Emami acquired in 2008, is in the process of getting a makeover
The stock moved higher by 13% to Rs 1,110, its sharpest intra-day rally since February 2013 on the BSE.
Organic volumes grow 6.5% in March quarter; management expects to push revenue 15% in FY17
The decline is due to sharp rise in amortisation of the Kesh King brand
Inspired by the growing demand for herbal products, the Kolkata-based company is revamping its oldest label